How to Accept Crypto Payments in Your Telegram Shop

Integrating cryptocurrency payments into your Telegram shop allows you to reach a global audience, reduce fees, and offer more payment options. This guide walks you through setting up crypto wallets, using payment bots, and securely tracking transactions on Telegram.

1. Choose Supported Cryptocurrencies

Select 2–3 popular cryptocurrencies based on your audience, such as Bitcoin (BTC), Ethereum (ETH), or stablecoins like USDT. Offering stablecoins can minimize volatility risk for both you and your customers.

2. Set Up a Crypto Wallet

Create wallets on reputable platforms (e.g., Coinbase, Binance).
Secure your wallet with two-factor authentication and backup seed phrases offline.
Note down your wallet addresses for each cryptocurrency you plan to accept.

3. Integrate a Crypto Payment Bot

Use existing Telegram bots to handle payments or build a custom one:

Existing Bots: Bots like @CoinPaymentsBot or @NowPaymentsBot support multiple coins and generate payment invoices.
Custom Bot: Create via @BotFather and use APIs from services like CoinPayments or NOWPayments to generate and verify invoices.

4. Configure Payment Flow

User Command: Customer sends a command like /buy #001 to your bot.
Invoice Generation: Bot creates a unique payment invoice with the price and wallet address.
Payment Confirmation: Bot monitors the blockchain or uses webhook callbacks to detect payment.
Delivery: Upon confirmation, bot sends the digital product or order details to the user.

        Example (Pseudo-code):
        
@bot.message_handler(commands=['buy'])
def handle_buy(msg):
    item_id = msg.text.split()[1]
    invoice = create_crypto_invoice(item_id, user_id=msg.from_user.id)
    bot.reply_to(msg, f"Please pay {invoice.amount} {invoice.coin} to {invoice.address}. Invoice ID: {invoice.id}")
        
      

5. Secure Transaction Tracking

Use reliable API callbacks to confirm payments (e.g., NOWPayments webhooks).
Log transaction IDs and statuses in a database for audit trails.
Notify customers of successful payment and any delays.

6. Handle Refunds and Disputes

Establish a clear refund policy. For refunds:

Generate a new invoice to return crypto to the customer’s wallet.
Document refund transactions in your records.

7. Best Practices

Display crypto prices in both crypto and local currency equivalents.
Refresh exchange rates in real-time to avoid underpayment.
Educate customers on network fees and expected confirmation times.

Conclusion

By offering crypto payments in your Telegram shop, you can tap into a broader audience and streamline international transactions. Using trusted wallets, payment bots, and secure tracking ensures a smooth experience for both you and your customers.